Birkenstock Holding PLC (NYSE:BIRK) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Birkenstock Holding PLC (NYSE:BIRK) have earned an average recommendation of “Moderate Buy” from the sixteen analysts that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and twelve have issued a buy recommendation on the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $53.6786.

BIRK has been the topic of a number of analyst reports. Morgan Stanley set a $41.00 price target on Birkenstock in a research report on Thursday, May 14th. Zacks Research downgraded Birkenstock from a “hold” rating to a “strong sell” rating in a report on Friday, May 15th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $52.50 target price on shares of Birkenstock in a report on Friday, May 22nd. Piper Sandler reaffirmed an “overweight” rating and issued a $55.00 target price (down from $60.00) on shares of Birkenstock in a report on Monday, April 27th. Finally, Wall Street Zen downgraded Birkenstock from a “hold” rating to a “sell” rating in a report on Saturday, June 6th.

Insider Buying and Selling at Birkenstock

In other Birkenstock news, insider Mehdi Nico Bouyakhf sold 30,000 shares of the firm’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $43.50, for a total value of $1,305,000.00. Following the sale, the insider owned 31,153 shares of the company’s stock, valued at approximately $1,355,155.50. This trade represents a 49.06% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of BIRK. Royal Bank of Canada lifted its stake in shares of Birkenstock by 310.5% in the 1st quarter. Royal Bank of Canada now owns 15,820 shares of the company’s stock valued at $725,000 after acquiring an additional 11,966 shares during the last quarter. AQR Capital Management LLC lifted its stake in shares of Birkenstock by 53.1% in the 1st quarter. AQR Capital Management LLC now owns 14,954 shares of the company’s stock valued at $686,000 after acquiring an additional 5,189 shares during the last quarter. NewEdge Advisors LLC lifted its stake in shares of Birkenstock by 61.0% in the 1st quarter. NewEdge Advisors LLC now owns 1,288 shares of the company’s stock valued at $59,000 after acquiring an additional 488 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Birkenstock by 27.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,074,283 shares of the company’s stock valued at $49,256,000 after acquiring an additional 233,672 shares during the last quarter. Finally, Creative Planning bought a new position in shares of Birkenstock in the 2nd quarter valued at $371,000. 19.93% of the stock is currently owned by institutional investors.

Birkenstock Trading Down 3.8%

Shares of NYSE:BIRK opened at $47.09 on Friday. The company has a market capitalization of $8.66 billion, a P/E ratio of 21.27, a P/E/G ratio of 2.05 and a beta of 1.25. Birkenstock has a 1 year low of $31.12 and a 1 year high of $53.53. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.95 and a quick ratio of 1.19. The business’s 50 day simple moving average is $40.24 and its 200 day simple moving average is $40.09.

Birkenstock Company Profile

Birkenstock Group AG, listed on the New York Stock Exchange under the symbol BIRK, is a global footwear manufacturer renowned for its anatomically contoured footbeds and iconic sandal designs. The company’s core product lines include classic models such as the Arizona, Boston and Madrid, alongside a range of clogs, shoes and orthotic insoles. In addition to footwear, Birkenstock offers complementary accessories, including socks and leather care products, reinforcing its commitment to foot health and comfort.

Birkenstock reaches consumers through a diversified distribution network that combines direct-to-consumer channels—such as branded retail stores and e-commerce platforms—with wholesale partnerships spanning specialty footwear retailers, department stores and select online marketplaces.